33:620:302 Study Guide - Final Guide: Nominal Group Technique, Base Rate Fallacy, Hindsight Bias

• School: Rutgers University
• Department: Management and Global Business
• Course: 33:620:302
• Professor: Cavallo

Document Summary

Problem solving & decision making models & technique. Dr. cavallo: kolb model: green light/red light; believing/doubting; divergence/convergence; Visioning/ exploration and priority setting information gathering and problem de nition idea getting and decision making participation and planning. Barriers: pressure to be realistic, threats of isolation (can lead to groupthink or conformity, preconceptions about nature of problem, saying what the. Boss wants to hear : breakdown in idea generation, assuming only one right answer, getting stuck to. Finals prep: availability bias: what comes to mind easily. Management skills: technique 2: bazerman"s problem definition. Dr. cavallo: obtaining a broader perspective of the problem through a wider search of information. Clarify the problem that needs to be solved: analyze the resources that you have to address the problem. Identify missing resources: gather additional resources, assess the assumptions that are being made about the problem, osland pre-mortem exercise, preparation participants review the plan under consideration.